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Bill > A01246


NY A01246

NY A01246
Facilitates the marketing of any issue of serial bonds or notes of the city of Buffalo issued on or before June 30, 2024.


summary

Introduced
01/13/2023
In Committee
06/08/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the local finance law, in relation to facilitating the marketing of any issue of serial bonds or notes of the city of Buffalo issued on or before a certain date

AI Summary

This bill amends the Local Finance Law to facilitate the marketing of any issue of serial bonds or notes of the City of Buffalo issued on or before June 30, 2024. The bill allows the city to arrange for the underwriting of its bonds or notes at private sale through negotiated agreement, and to arrange for the private sale of its bonds or notes through negotiated agreement. The costs associated with such underwriting or private placement are deemed preliminary costs for the purposes of the Local Finance Law.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

substituted by s6564 (on 06/08/2023)

bill text


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